How has First Bancorp's provision for loan, lease, and other losses changed year-over-year?

First Bancorp's provision for loan, lease, and other losses increased by 176.3% year-over-year, from $1.12M to $3.08M.

What is the long-term trend for First Bancorp's provision for loan, lease, and other losses?

Over 4 years (2021 to 2025), First Bancorp's provision for loan, lease, and other losses has grown at a -6.5% compound annual growth rate (CAGR), from $15.03M to $11.5M.

First Bancorp FBNC Provision for Loan, Lease, and Other Losses

Provision for Loan, Lease, and Other Losses at other companies

Wells Fargo & CompanyWFC

$1.14B+21.8%

Truist FinancialTFC

$479M+4.6%

First Financial BancorpFFBC

——

Simmons First NationalSFNC

——

Bank First CorporationBFC

——

1st Source CorporationSRCE

——

Other financials

Income statement

See full

Revenue$122.3M+15.6%

Net income$46.7M+28.2%

EPS (diluted)$1.13+28.4%

Balance sheet

See full

Cash & equivalents$598.0M-22.6%

Total debt$89.2M-16.1%

Total equity$1.7B+11.6%

Total assets$12.9B+4.1%

Cash flow

See full

Operating cash flow$61.2M+16.4%

CapEx$1.9M+673%

Free cash flow$59.3M+13.3%

Valuation

See full

Market cap$2.57B+40.7%

Enterprise value$2.06B+83.8%

P/E21.2×+0.3×

P/S6.3×+1.3×

Profitability

See full

Net margin29.8%+5.8pp

FCF margin50.6%-17.1pp

Returns & leverage

See full

Return on equity7.6%+1.5pp

Debt / equity0.1×0.0×

Where this comes from

Reported directly by First Bancorp in its filing.

Tagged under the XBRL concept us-gaap:ProvisionForLoanLeaseAndOtherLosses.

The official record: First Bancorp’s 10-Q, filed May 7, 2026, on SEC EDGAR. View the filing →

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Questions, answered.

What is First Bancorp's provision for loan, lease, and other losses?: First Bancorp (FBNC) reported provision for loan, lease, and other losses of $3.08M in Q1 2026.
How has First Bancorp's provision for loan, lease, and other losses changed year-over-year?: First Bancorp's provision for loan, lease, and other losses increased by 176.3% year-over-year, from $1.12M to $3.08M.
What is the long-term trend for First Bancorp's provision for loan, lease, and other losses?: Over 4 years (2021 to 2025), First Bancorp's provision for loan, lease, and other losses has grown at a -6.5% compound annual growth rate (CAGR), from $15.03M to $11.5M.